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annotated bibliography of fisheries economics literature - Office of ...

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A bioeconomic model was developed to investigate the feasibility <strong>of</strong><br />

improving the economic return from the fishery for brown shrimp Penaeus<br />

aztecus through cooperative federal and state management closures in the U.S.<br />

Gulf fo Mexico. Four different closure periods were simulated with the model.<br />

The closure options were evaluated for Texas only (current condition) and for<br />

the entire U.S. Gulf <strong>of</strong> Mexico (proposed condition). The model provided an<br />

accurate biological simulation <strong>of</strong> the brown shrimp fishery in the Gulf <strong>of</strong><br />

Mexico. Each <strong>of</strong> the evaluated closures gave positive net pr<strong>of</strong>its to the<br />

fishery as a whole. However, these benefits were mainly for larger vessels<br />

(greater than 50 feet in length). None <strong>of</strong> the proposed closures increased the<br />

pr<strong>of</strong>its for boats (undocumented vessels <strong>of</strong> unknown lengths), and only some<br />

closures increased the pr<strong>of</strong>its for smaller vessels (Less than 50 feet in<br />

length).<br />

Nance, James M., Edward F. Klima, Peter F. Sheridan, K. Neal Baxter,<br />

Frank J. Patella, and Dennis B. Koi (1988). "Review <strong>of</strong> the 1987<br />

Texas Closure for the Shrimp Fishery Off Texas and Louisiana."<br />

Report, U.S. Department <strong>of</strong> Commerce, National Oceanic and<br />

Atmospheric Administration, National Marine Fisheries Service,<br />

Southeast Fisheries Center, Galveston Laboratory, Galveston,<br />

Texas, January, 116 pp.<br />

This report provides information to determine how well the objectives <strong>of</strong><br />

the Texas closure regulation were achieved in 1986 and 1987 and to determine<br />

if a 15 nautical mile closure meets all the objectives <strong>of</strong> the closure<br />

regulation as effectively as a 200 nautical mile closure. Social as well as<br />

economic impacts are discussed.<br />

Nash, Darrel A. and Frederick W. Bell (1969). "An Inventory <strong>of</strong> Demand<br />

Equations for Fishery Products." Bureau <strong>of</strong> Commercial Fisheries,<br />

Economic Research Working Paper Series, No. 10, July, 31 pp.<br />

This paper contains demand equations that were selected as the most<br />

representative <strong>of</strong> all those submitted to the conference on fishery product<br />

demand. The respective demand functions were chosen as the best function for<br />

each species so far developed in that area.<br />

National Academy <strong>of</strong> Sciences (1979). "Basic Productivity Concepts:<br />

Meaning and Measurement." Chapter 3 in Measurement and<br />

Interpretation <strong>of</strong> Productivity, Washington, D.C.<br />

This chapter develops the concept <strong>of</strong> productivity within the framework<br />

<strong>of</strong> production theory by means <strong>of</strong> empirical production functions. It explains<br />

how partial productivity and multi-factor productivity may be measured within<br />

the framework <strong>of</strong> the economic accounts. It develops further the concepts <strong>of</strong><br />

output and inputs that underlie the productivity relationship.<br />

National Marine Fisheries Service (1974). "Status <strong>of</strong> Shrimp Industry:<br />

August 1974", Southeast Regional <strong>Office</strong>, St. Petersburg, Florida,<br />

September, 7 pp.<br />

The shrimp industry in the Gulf and south Atlantic is suffering severe<br />

economic hardship. Vessel owners are caught in a unprecedented cost-price<br />

squeeze and the average vessel is not even covering variable costs at present.<br />

Since September 1973, Gulf shrimp prices have fallen an average <strong>of</strong> 41 percent,<br />

while variable costs have risen substantially. Nonetheless, most vessels<br />

continue to fish for reasons that include the fisherman's eternal hope for the<br />

"big catch." If conditions do not change, many vessel operators will probably<br />

be forced out <strong>of</strong> the fishery by January 1975. Shrimp processors, principally<br />

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